THE OPTION TO ‘BUY BACK’, ‘CASH IN’ OR ‘RENT ON’ - Every customer is GUARANTEED

A fixed price option, that may be exercised at an agreed future date, allowing the customer to ether Buy Back, Cash In or Rent On the property:

The Fixed Price Option

• The option is a legally binding document between FTH and the customer
• The option is signed by both parties at exchange and executed by the customer’s solicitor on completion

Buy Back 

• The customer can choose if they wish to buy back, with the comfort and guarantee that if the value of the house has risen the buy back option price is fixed in contract.
• The customer will keep all additional equity from any increase in the property price above the fixed option price

Cash In

• If the customer does not wish to buy back the property, the agreement also allows them to sell the property on the open market and release all the additional equity over the fixed option price
• The customer has the responsibility and ultimate decision for the marketing and setting of the sales price
• Once the customer has agreed the sale with the prospective purchaser, FTH will complete the sale and then release the net funds above the option price directly to the customer

Rent On

• If the customer decides not to Buy Back or Cash In on their property, FTH will allow them to Rent On in their property for as long as they wish under an Assured Shorthold Tenancy agreement
• After the initial tenancy period has expired, the Assured Shorthold Tenancy will renew from year to year until such time the tenant serves notice to leave
• All other guarantees as detailed in the rent back section will apply for the duration of the ongoing tenancy

CALL FAST TRACK HOMEBUYERS FOR AN IMMEDIATE DECISION IN PRINCIPLE ON
0845 257 1683 [24 HOURS – 7 DAYS A WEEK] OR CLICK HERE